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Mahindra Holidays & Resorts acquires 100% equity share capital of GPPL

27 Aug 2012 Evaluate

Mahindra Holidays & Resorts India, a leader in the vacation ownership space with over 147,000 members and 40 resorts across India and abroad, has purchased 100% equity share capital of Gables Promoters (GPPL) on August 24, 2012. Pursuant to this acquisition, GPPL has become a wholly owned subsidiary of the company.

The company had recently acquired Royal Courts Jaisalmer, a 74 room resort, by purchasing 100% equity share capital of Divine Heritage Hotels.

Mahindra Holidays and Resorts, is a leader vacation ownership space in India, with a keen focus on quality family holiday. Club Mahindra is company’s flagship brand and the other brand offering are Zest Breaks, Club Mahindra Fundays, Mahindra Homestays and Mahindra travel.

Mahindra Holi.&Resor Share Price

255.60 7.55 (3.04%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 641.30
ITC Hotels 155.05
EIH 311.90
Chalet Hotels 770.10
Mahindra Holi.&Resor 255.60
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